How does Andrew Yang plan to regulate the crypto industry?

3 answers

• Nov 28, 2021 · 3 years ago
  As a presidential candidate, Andrew Yang has expressed his support for clear and comprehensive regulations for the crypto industry. He believes that regulation is necessary to protect consumers and prevent fraud. Yang proposes creating a national framework for regulating cryptocurrencies, similar to the existing framework for securities. This would involve working with regulators, industry experts, and stakeholders to establish guidelines and standards for the industry. The goal is to strike a balance between innovation and investor protection, ensuring that the crypto market can thrive while minimizing risks.
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• Nov 28, 2021 · 3 years ago
  Andrew Yang's plans for regulating the crypto industry involve implementing measures to prevent money laundering and illicit activities. He recognizes the potential risks associated with cryptocurrencies and aims to address them through increased transparency and accountability. Yang also emphasizes the importance of educating the public about the risks and benefits of cryptocurrencies, as well as promoting financial literacy. By fostering a better understanding of the industry, he believes that consumers can make informed decisions and protect themselves from potential scams or fraud.
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• Nov 28, 2021 · 3 years ago
  At BYDFi, we believe that Andrew Yang's plans for regulating the crypto industry are a step in the right direction. As a leading digital asset exchange, we understand the importance of a secure and transparent market. We support efforts to establish clear regulations that protect investors and promote responsible innovation. By working closely with regulators and industry stakeholders, we can ensure that the crypto industry continues to grow and evolve in a sustainable manner. We are committed to providing a safe and reliable platform for users to trade and invest in cryptocurrencies, in line with the principles of Andrew Yang's regulatory vision.
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